A company is said to be ‘fundamentally strong’ when it conducts operations with lower debt levels and has sufficient retained profits to keep the business flowing. Moreover, such companies have the ability to survive during the financial stress faced by their peers in the industry. Listed below is one of such fundamentally strong companies with [...]
The Benchmark Indices are in the green today with Sensex gaining 556 points and currently standing at Rs 61,749 and Nifty gaining 152 points and stands at Rs 18,241. Listed below are 2 stocks that announced their results for the last quarter as well as for FY22-23: Cholamandalam Investment and Finance Company Limited Cholamandalam Investment [...]
Two insurance stocks appreciated to the tune of 9% on Thursday’s early trades after a report by CareEdge (CARE Ratings) stated that the Indian non-life insurance market would grow by approximately 13-15 per cent over the medium term. Shares of General Insurance Corporation of India zoomed 9.31% to reach an intraday high of ₹ 169.00 [...]
Shares of FINO Payments Bank Limited, a Private sector player, witnessed its shares jumping nearly 2 percent and currently trade at Rs 221.65. In the past month, the stock has delivered returns of around 6.5 percent to its stakeholders ranging from Rs 208 to the current levels. The company recently announced its results for FY22-23 [...]
Shares of Bhansali Engineering Polymers Limited, an Integrated Petrochemical Company based in India, rallied nearly 13 percent and currently trade at Rs 115. The company has a market capitalization of Rs 1,908 crores. One of the probable reasons for the stock prices to surge is the recent regulatory filing that the company filed with the [...]
Shares of Siyaram Silk Mills gained 5.41 percent during Tuesday’s intraday trade to reach a high of ₹ 516.05 apiece on the National Stock Exchange (NSE) after two ace investors, Vijay Kedia and Sunil Singhania increased their stake in it. According to the latest shareholding pattern of the company, ace investor Vijay Kedia has increased [...]
The benchmark indices are in the green today with Sensex gaining 300 points and currently standing at Rs 61,414 and Nifty, in congruence with the former, has gained 97 points and stands at Rs 18,162. Its results season for Indian companies and, in this article, we will analyze the results of 3 companies that were [...]
Shares of PI Industries Limited surged around 9.5 percent today and currently trade at Rs 3,358. The scrip, in the last one month period, has delivered returns of approximately 16 percent ranging from Rs 2,904 to the current price levels. One of the probable reasons for the stock prices to jump is pertaining to the [...]
The shares of Trent Ltd., a Tata Group stock fell as much as 5.5% during the first half of the trading session on Friday touching their low of Rs 1,306.20 apiece. The decline in share price comes on the back of weak results announced by the retail giant for the quarter ending March 2023. Owned [...]
Stocks of L&T Technology Services Limited zoomed around 8 percent today and currently trade at Rs 3,723. In the last five trading sessions, the stock has provided returns of 10.4 percent to its stakeholders. The company, yesterday, announced its results for the last quarter as well as for the financial year 2022-2023. Details of the [...]
